Overall foreign holdings of U.S. Treasuries fall $145 billion in October as China Japan and Russia cut holdings.
Turkey cuts US. Treasury Bond holdings by 10% in October; 25% since January.
Japan cuts $28 billion.
The news comes day before Fed announcement on interest rates.
https://smaulgld.com/foreign-holdings-u-s-treasuries-2/
These countries made their move ahead of interest hike they will adjust exchange ratio and use other currencies as leverage. They claim that they can deal faster than US feds.
Louis Cammarosano
Hampton, NH
Japan, Singapore and Hong Kong in Asia will be affected more.
China is buying Euros, Pounds, and Rupees since October...
Louis Cammarosano
Hampton, NH
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